It Is Likely That H

question 31

Multiple Choice

It is likely that H. sapiens reached the New World __________.

• A) during the Middle Stone Age
• B) by crossing the Atlantic on watercraft
• C) via the coast of Siberia
• D) directly from Africa an a South Atlantic land bridge

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Definitions:

Socially Optimal Price

The price of a good or service that reflects the external costs and benefits to society, aiming to achieve the most efficient allocation of resources.

Big Data

Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

Reservation Price

The maximum or minimum price at which a consumer is willing to buy or sell a good or service.

Elastic Demand

A situation where the demand for a product or service significantly changes in response to a change in price.